News
Food and beverage industry news.
Kroger: Q1 Sales Top Estimates, Digital Sales Growing
The Kroger Company surpassed analysts’ projections in reporting first-quarter sales of $45.3 billion, up from $45.2 billion the previous year, fueled by the better-than-expected performance of its grocery business and increased household penetration.
What Is ‘Latino Coating,’ and How Can It Be Stopped?
The Hispanic Marketing Council is using the term to refer to a superficial marketing approach that layers Latino elements onto products, campaigns, media or entertainment for the appearance of diversity.
Video: Rewatch Recent Videos
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CPG Week: Bottled Water Behemoth And Omsom’s New Owner
On the CPG Week podcast, the team discusses BevNET Live Summer, the planned merger of BlueTriton and Primo Water as well as DayDayCook’s acquisition of Omsom.
🚚 Insider Daily Briefing: Is UNFI Up For Sale?
Also in this issue: Ore-Ida’s Tot-Protecting Pants; Pilgrim’s New Look; FDA Issues Warning To Dollar Tree; CPI: Food Prices Rise; and Once Upon A Farm Partners with Angel City Football Club.
B.T.R. Nation Builds Out Bar Business with Innovation, Distribution
B.T.R. Nation has lined up new partnerships with Costco and Thrive Market as the better-for-you snack maker raises capital to meet its new production demands.
A Bite With… Casey Gaston, Executive Leader of Local and Emerging Brands for Whole Foods
Dozens of brands have participated in Whole Foods Market’s Local and Emerging Accelerator Program since it launched in 2022.
Basemakers Lays Foundation for Its CPG Services House with Brokerage Division
Since its founding in 2015, the CPG sales agency, specializing in retail execution for emerging brands, has grown to over 100 clients.
New Products: Collabs From Drumstick and Colavita, Belgian Boys’ Refrigerated Pancakes
In this week’s new products roundup, Death Wish launches its first offering specifically crafted for iced coffee consumption, Belgian Boys expands its lineup of breakfast products and HelloFresh teams up with Colavita for its Ciao, Italia menu.
🌱 Insider Daily Briefing: Is There Hope For Planting Hope?
Also in this issue: Meati Faces Setback In IP Suit; Actress Busy Phillips Invests in BEHAVE; Albertsons To Take Wonder Out of TV Ads; Kikkoman Brings Japan To Wisconsin; and Two-Year-Long Amy’s Kitchen Boycott Ends.
DayDayCook Acquires Omsom
Asian sauce and noodle brand Omsom announced today it has been acquired by growing multi-Asian food brand platform DayDayCook. The deal will consist of a combination of DDC cash and stock which will be paid out over a four-year term. Five non-executive employees of Omsom have been granted 160,000 shares of DDC’s Class A Ordinary… Read more »